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Apr
22
Bank of America CEO, Kenneth Lewis says, “US Subprime Crisis To Continue”
Filed Under Bank Of America, Lenders With Problems 2007, Lenders With Problems 2008, Merger/Acquisitions, Mortgage Bubble, Mortgage Defaults, Mortgage Delinquencies, Mortgage Implosion, Mortgage Layoffs, Mortgage News, Mortgage Resets, Mortgage Video
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It is not just Bank of America that is reeling from subprime problems, the largest banks in the world have posted $290 billion of credit losses, since the beginning of 2007.
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